That number is 80%, not 8%. So, now let's say GE has 10 Bn shares outstanding and SYF has say 800 Mn. Now, 80% of SYF will be given to GE holders. So, 640 Mn shares of SYF will be given to 10 Bn GE shares' owners i.e. for every 100 shares of GE, one will get about 6.4 shares of SYF.